CBUAE

Unnamed entity

CBUAE imposed administrative sanctions on 8 banks for failing to comply with instructions not to grant loans or credit facilities to NDDSF beneficiaries.

Date

2023-05-16

Entity type

bank

Action type

—

Fine (as written)

—

Fine (normalised AED)

—

Personal fine

Regulations breached

Article 137 of Federal Law No. (14) of 2018; CBUAE notices on NDDSF facilities

Scraped at

2026-07-04T23:10:31.332429+00:00

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